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← PROGRESSIVE MULTIPLIER ACTION FUND

Form 990 for tax year 2023

Filed by PROGRESSIVE MULTIPLIER ACTION FUND.

Totals

Total revenue
$319,217
Total expenses
$110,049
Contributions and grants received
$299,500
Grants paid
$0
Program service revenue
$18,750
Investment income
$967
Other revenue
$0
Total assets, end of year
$371,171
Total liabilities, end of year
$2,588
Net assets or fund balances, end of year
$368,583
Program services expenses (Part IX)
$46,032
Management and general expenses
$35,585
Fundraising expenses
$28,432
Program service expenses (Part III)
$46,032

Program services were 41.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Margaret Huang

    Board Co-President

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related
  • Lea Madry

    Board Co-President

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related
  • Prentiss Haney

    Board Secretary

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related
  • Jen Matheson

    Board Treasurer

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related
  • Andrea Serrano

    Board Member

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related
  • Bethany Maki

    Executive Director

    Total calculated
    $223,657
    From this org
    $0
    From related orgs
    $195,662
    Other
    $27,995
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $190,362 related
    Bonus
    $0
    Other
    $0 + $5,300 related
    Deferred
    $0 + $2,092 related
    Nontaxable benefits
    $0 + $25,903 related
    Filer's total
    $0 + $223,657 related
  • Polly Stamatopoulos

    Senior Director

    Total calculated
    $166,222
    From this org
    $0
    From related orgs
    $152,625
    Other
    $13,597
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $147,325 related
    Bonus
    $0
    Other
    $0 + $5,300 related
    Deferred
    $0 + $250 related
    Nontaxable benefits
    $0 + $13,347 related
    Filer's total
    $0 + $166,222 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Multiplier Effect LLC

    C · Consulting · DC · 100% owned · share of income $222,600 · share of assets $215,775 · controlled entity

    Directly controlled by Progressive Multiplier Action Fund

Provenance

Return type
form_990
Tax year
2023
Filed
3 March 2025
IRS schema version
2023v6.0
Source object
202520669349300722

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